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Q: During ongoing legal proceedings, can LLC sell a certain portion of share to some new member ?
Response 1: Yes, but with the approval of the Court appointed Receiver.
Q: Does LLC needs receiver's consent or Court's approval ?
Response 2: Yes. The LLC would need the Receiver's consent/approval. Then if the Receiver finds it proper to get Court approval before the sale is completed, then the Receiver will file Motion for the Court's Approval of the sale.